Austin Banking Rates

Welcome to Austin Banking Rates

If you are in the market to purchase a house, car or insurance Austin Banking Rates can make your tasks and research so much easier. Austin Banking Rates can help you find the best Austin interest rates to compare and choose from, based on your credit history. Explore rate information for:

• Austin, Texas mortgage refinance rates

• Austin, Texas insurance rates for homes and automobiles
• More banking rate information available from US Banking Rates

Our Featured Austin Bank Rate

1.25	%
	APY

Online Savings Account

Austin Banking Rates recommends the rates that FNBO Direct has to offer. FNBO Direct is an online bank, making it easy to save more from anywhere, including Austin. The current savings account rate at FNBO Direct is 1.25%, which is in the top 5% of all savings accounts. Earn interest 5x faster than traditional savings accounts.

For inquiries contact:

FNBO Direct
P.O. Box 3707
Omaha, NE 68103-0707

Phone:

1-877-370-3707
24 hours a day
7 days a week

Current Austin Rates Update

It is more of a buyers' market than ever in Austin with continually dropping housing prices. The government stepped in to help new home buyers and banks are doing their part to help with mortgage rates, too.

Whether you're buying your first home or downsizing to a smaller property, you should research and compare rates from banks and lenders nearby and make sure you're getting the best mortgage rates possible. Austin Banking Rates can provide you with all the information you need.

What is the SAFEST Investment in the World?

After the recent financial crisis, many people begin to think that no investment is safe. Luckily, this is not quite true. Let us review the lowest risk options available to an individual investor.

At the top of the list are US bank accounts. The cash in your bank account is insured by FDIC, and FDIC itself is backed by full faith and credit of the US federal government. The chance of the US government defaulting on its obligations is really tiny. Remember, however, that FDIC does not insure the full balance in your account. Normally the insurance limit is $100,000 per bank, so if you have $300,000, you should spread it over 3 accounts at 3 different banks. Right now, this limit is temporarily raised to $250,000.

The second place is taken by money market funds. Money market funds are not insured by the government, but they are very carefully monitored by regulators and they invest in an extremely conservative way. As a result, in their nearly 40-year history, there have been only a couple cases where investors lost their principal. Even then, the losses didn’t exceed 3 cents on the dollar. You can freely withdraw money from a money market fund at any time.

The third place is taken by US Treasury bonds. This security is also backed by the US federal government. There is some risk, however. If you buy a 10-year bond today for $1000, you may find that its price falls to $800 a year from now. Sure, after 10 years, you will get the full $1000 from the government. But the market price of the bond depends on many factors that change quite quickly. Therefore, if you may need your money soon, this investment isn’t as safe as it might look. The shorter-duration Treasury securities (such as Treasury bills) are as safe as bank accounts, since their price doesn’t change much.

Now one might ask, how safe is gold? Many people think gold is safer than anything else. If the unthinkable happens, such as the US government collapses and the country descends into anarchy, neither bank accounts nor cash currency would hold much value. But gold is likely to still be valuable; in fact, its value might even go up, since no other convenient method of payment would be available.

However, think about a different scenario. You buy some gold in 1980 for about $650 an ounce. Then you watch your savings evaporate, as its price falls to $300 just two years later. Referring to the data below from goldprice.org, you can see the volatility of the past 36 years. How safe is that? After all, if you only think about the “end of the world” scenario, gold is great. But if you consider the more realistic future, it turns out gold is as risky as stocks.

So, the final answer is that the safest investment available today is an FDIC-insured bank account. Just remember to watch the insurance limit, and spread your funds across several banks if needed.

Life Changes Affecting Austin Banking Rates

• Investing part of your paycheck into a high yielding CD

• Planning a world trip and securing a personal loan to pay for the travel
• Getting a comprehensive life insurance policy to provide your family with a sense of security

Austin Banking Rates Gets You the Best Rates!

Austin Banking Rates is a free resource for consumers to help them find the right rates that best suit their needs. Austin Banking Rates works with thousands of Banks, Lenders, Mortgage Companies, Credit Card Companies and other financial institutions to bring you the most up-to-date interest rates, savings rates and loan rates.

Austin Banking Rates also can match you with the best local companies based on your current credit rating and credit score. No matter what your credit score is, Austin Banking Rates has special relationships with companies who can get you what you are looking for; including: the best Refinance Rates, great CD and Savings Rates, low interest rates for Auto Loans, and thousands of low rate credit cards to match everyone’s needs.

If you do not know your Current Credit Score, you can also access a Free Credit Report and Score through our partner Go Free Credit. This will not only give you your current Credit Report and Credit Score, but also keep you aware of items that can damage your credit score and protect you against identity theft.

Let us know what type of Rate that you are interested in, and your current Credit Score, and we will find the best companies that you should work with. Our service is 100% free to all consumers along with our Free Rate Alerts to keep you up-to-date on interest rates and rate news from our experts.

Free Rate Resources in Austin, TX

Austin Banking Rates is rapidly becoming the premier Austin interest rate source. By working with thousands of financial companies, Austin Banking Rates has up-to-date Interest Rates, news and Rate information across many products and services including:

• Austin Home Loan Rates

• Austin Savings Rates
• Austin Credit Card Rates
• Austin Student Loan Rates
• Austin Auto Loan Rates
• Austin Insurance Rates
• Austin CD Rates

Austin Banking Rates specializes on putting people together with companies who want their business. If you have a great Credit Score, Austin Banking Rates has banks, lenders and credit card companies who can get you the lowest rates based on your situation, if you have a not-so-great Credit Score, Austin Banking Rates has just as many partners who can find the best rates for your based on your needs.

Our site will add thousands of new partners every year that want to work with you to get you the Best Rates. Take your time, research our partners, find the best Rates for you. You can also email us anytime with questions you have about comparing rates, rate quotes, interest rates or other information you need to better understand how to get the best rates for you!